Statewide Unemployment Rate Drops for Second Consecutive Month in July

Tennessee’s unemployment rate decreased in June for the second consecutive month after reaching an all-time high in April of 15.5 percent. Before the pandemic, the state’s previous record-setting unemployment rate was 12.9% in January 1983. The June 2020 seasonally adjusted unemployment rate fell to 9.7%, down 1.3 percentage points from May’s revised rate of 11%. One year ago, the rate was 3.4%, very near the state’s all-time low unemployment rate of 3.3%.